"History is a wonderful thing, if only it was true"
-Tolstoy

Sunday, August 02, 2009

Caution

Published last April 27th issue

The Biofuel Bubble - BusinessWeek:

"A horde of startups have smart ideas. But the challenges are many, and the winners likely will be Shell, BP, DuPont, and other majors"

Last month, Exxon Mobil struck a deal with Craig Venter to invest up to $600 Million in his research in genetically modified algae - a sensible move as algae will be engineered to secrete lipids, not sugars, therefore more easily used by existing infrastructure - refineries and transportation.

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